Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Corporate Update (May 2017)
16 slides from Alliant Energy's corporate update, May 23, 2017
Slide 1: Iowa Electric Interruptible Webinar
Iowa Electric Interruptible Webinar Doug Peyton, Alliant Energy Product Manager May 23, 2017
Slide 2: Agenda
Agenda • Introductions • Overview of 2016 • Current State • Calling an interruption • Buy throughs • Penalties •Q & A 2
Slide 3: Electric interruptible program: benefits of participation
Electric interruptible program Benefits of participation • Provides participants with bill credits for reducing energy usage during interruptible events • Reduces demand during peak critical system conditions • Lessens the need to build or purchase energy at high market prices 3
Slide 4: Overview of 2016
Overview of 2016 • Average summer, 15 days over 90° (five on weekend) • Two interrupts called on July 21 and July 22 ‒ 50% of customers called on 1st day and other half on 2nd • Buy through option was available ‒ 11% choose option • Annual system peak was July 21, 2016 at 6 p.m. ‒ Load near 3,574 MW
Slide 5: Current State
Current State • Current participation: 174 customers ‒ Divided into 15 waves • Interruptible load ~ 240 MW 5
Slide 6: Program communications
Program communications Apr. May May Nov. 28 1 23 15 Letter to Start of Webinar 10 Reminder letter update interrupt a.m. and regarding firm contacts season Annual demand changes communication • Requests must be test 1 p.m. submitted by Dec. 31 • Can lower firm at any time 6
Slide 7: Steps for calling an interruption
Steps for calling an interruption • We monitor forecasted load and high demand days • Event types ‒ Type 1 – Reliability – System integrity ‒ Type 2 – Reducing Peak Demand – Capacity ‒ Buy through option available ‒ Type 3 – Reducing Energy Usage – Day Ahead LMP prices ‒ Buy through option available
Slide 8: Steps for calling an interruption, cont.
Steps for calling an interruption, cont. • Event process: 1. Interruptible website and hotline updated 2. Interrupt notification sent 3. Customer acknowledges receipt of notification 4. Alliant Energy confirms acknowledgments and buy through requests 5. Interrupt begins 6. End of event notification
Slide 9: Interrupt History
Interrupt History * Average event length is four to six hours 9
Slide 10: Finding day of Interrupt information
Finding day of Interrupt information • Alliant Energy website ‒ alliantenergy.com/interrupteventstatus ‒ Iowa service area (electric customers) ‒ Provides status update and current interruption data • Interruptible Hotline 1-800-241-0588 ‒ Press 1 twice for Iowa update ‒ At anytime, press 5 then pre
Slide 11: Alliantenergy.com/interrupteventstatus
Alliantenergy.com/interrupteventstatus 11
Slide 12: Interrupt message email
Interrupt message email From: interruptible@alliantenergy.com Text and Email To: Customer name example CC: Subject: Alliant Energy Electric Interrupt - Iowa Alliant Energy is requesting participating Iowa interruptible customers to interrupt their Electric load beginning Tuesday, 07/04/2017 at 11:00
Slide 13: Buy through option
Buy through option • Each customer can buy through twice per season ‒ Buy throughs available on type 2 or type 3 events ‒ Additional options given after 10 events in a season • Must contact with intention to buy through one hour before the event begins ‒ Key account manager, BRC or email interruptib
Slide 14: MISO LMP contour map
MISO LMP contour map ALTW.ALTW Source: https://www.misoenergy.org/LMPContourMap/MISO_All.html 14
Slide 15: Penalty information
Penalty information • When your usage exceeds your contracted firm level ‒ $26.27 per kW over contacted firm level ‒ Firm will be adjusted to highest usage during interrupt ‒ Plus buy through charges for kW used over contracted firm ‒ Monthly credit loss ‒ Penalty is for 12 months ‒ May re-qualify a
Slide 16: Questions
Questions • Call ‒ Key account manager or ‒ Business Resource Center ‒ 1-866-ALLIANT (866-255-4268), press option 2 twice ‒ Monday – Friday - 8 a.m. to 5 p.m. ‒ Contact your key account manager or the Business Resource Center for rate analysis if you would like to raise or lower firm levels • Email